Mortgage News

Forecasts of slowing economic growth have been the norm for some time, but it is easy to sense greater confidence lately among those making them. Fannie Mae's March Economic Developments report is predicting growth will slow from 3.1 percent in Continue Reading

One problem solved? Perhaps, but there are always others waiting in line. The National Association of Home Builders (NAHB) asks its new home builder members annually, as part of its January NAHB/Wells Fargo Housing Market Index survey, to name what t Continue Reading

Mortgage rates continued to slide during the week ended March 15 and the volume of mortgage application activity picked up in response. The Mortgage Bankers Association said its Market Composite Index, a measure of mortgage loan application volume, Continue Reading

Although lacking in popularity, it appears that automated appraisals have obtained the their intended results. Urban Institute (UI) researchers Laurie Goodman and Jun Zhu found the changes have helped to lower default rates. They suggest that, in tu Continue Reading

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) held steady in March, after partially recovering from substantial loses at the end of 2018. The Index, a measure of new-home builders' confidence in the mar Continue Reading

Nearly 80 percent of America's housing stock is at least 20 years old and twice that share of homes were built 50 or more years ago. With new construction still well behind its pre-recession levels Americans have been remodeling these older home Continue Reading

Type

Rate

APR

30 Year Fixed

4.25%

4.36%

30 Year Fixed FHA

3.875%

4.28%

20 Year Fixed

4.125%

4.26%

15 Year Fixed

3.625%

3.75%

10 Year Fixed

3.5%

3.71%

7 Year ARM

4.00%

4.17%

5 Year ARM

3.875%

4.10%

2/27/2019@6PM CST

* Based on loan amounts of $200,000+

* Subject to credit and income requirements

* Restrictions apply

All conventional rates and APRs assume 80% financing on a $200,000 loan value with max loan of $484,00.Offers may terminate at any time without notice. Rate/APR calculated on a 365 day year with typical closing costs. Rates/APRs subject to change in closing costs and properties. All rates as of date posted on this website with 30 day lock period. Signed loan application required to lock rate. Rates may be higher for credit scores below 740 middle score. APR will change with loan amount and percentage of home being financed.